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Lot 84 Ryde, Isle of Wight PO33 2HW

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Lot 84 Ryde, Isle of Wight PO33 2HW www.acuitus.co.uk 173 High Street lot 84 Ryde, Isle of Wight PO33 2HW Freehold Retail Investment • Entirely let t oTUI UK Retail Ltd t/a • Approximately 10 minutes crossing time to Rent Thomson Travel Agents (in occupation Portsmouth via hovercraft £16,700 since 1987) • Nearby occupiers include Boots the per annum • Prime pedestrianised High Street location Chemist, New Look, Costa Coffee, exclusive in popular seaside tourist resort Betfred and WH Smith On behalf of Joint Fixed Charge Receivers Location Tenure Miles: 8 miles east of Cowes Freehold. 10 miles south of Portsmouth Roads: A3054, A3, M275, M27 VAT N Rail: Ryde Esplanade, Ryde St John’s Road VAT is applicable to this lot. Air: Gatwick International Airport, Southampton Airport Six Week Completion Situation Note The property is situated in a prominent position on the western side This property is being marketed for sale on behalf of Joint Fixed of the pedestrianised High Street. Nearby occupiers include Boots, Charge Receivers and therefore no warranties or guarantees in any New Look, Costa Coffee, Betfred and WH Smith. respect, including VAT, can be given. The information in these Description particulars has been provided by the Joint Law of Property Act The property comprises a ground floor retail unit with ancillary staff Receivers to the best of their knowledge but the purchaser must and storage accommodation on the first floor. There is currently no rely solely upon their own enquiries. The Joint Fixed Charge access to the second floor. Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability. Tenancy and accommodation Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x. Reversion Ground Retail 77.30 sq m (833 sq ft) TUI UK RETAIL LTD 5 years from 01/11/2012 £16,700 31/10/2017 First Ancillary 62.30 sq m (671 sq ft) (1) (t/a Thomson on a full repairing and Second Ancillary Not Measured Travel Agents) insuring lease Totals 139,60 sq m (1,504 sq ft) £16,700 (1) TUI UK Retail Limited are part of TUI AG. TUI Travel PLC has now merged with TUI AG to become TUI Group. TUI Group is the world’s number one tourism business with 1,800 travel agencies, six airliners, over 300 hotels and 13 cruise liners. In 2013/14 financial year the TUI Group recorded a turnover of €18.7 bn and an operating result of €869m. (Source: www. tuigroup.com 24/09/2015) For further details please contact: Buyer’s Legal Report Service Seller’s Solicitors: Gwen Thomas Dentons UKMEA LLP Eversheds Tel: +44 (0)20 7034 4857. Contact: Greg Rigby. 70 Great Bridgewater Street, Manchester M1 5ES . Email: [email protected] Tel: +44 (0)207 320 3968. Tel: +44 (0)161 831 8717 . Georgina Roberts Email: [email protected] Email: [email protected] Tel: +44 (0)20 7034 4863. See: www.acuitus.co.uk for further details Ref: Jayne Speers . Email: georgin a.roberts @acuitus.co.uk Copyright and confidentiality Experian, 2013. ©Crown copyright and database rights 2013 Ordnance Survey 100017316. www.acuitus.co.uk For identification purposes only. The Special Conditions of Sale and a legal package are available on-line at www.acuitus.co.uk page 115.
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